The New Frontier projections were based solely on the markets where medicinal and recreational marijuana use is legal. The projection did not include states that could potentially legalize cannabis in the coming years. "While we see a potential drop in total number of U.S. jobs created in 2017, as reported by Kiplinger, as well as an overall expected drop in GDP growth, the cannabis industry continues to be a positive contributing factor to growth at a time of potential decline," Giadha Aguirre De Carcer, founder and CEO of New Frontier Data, said in his report.
Carcer also added that his company projects marijuana sales to exceed $24 billion by 2025. "These numbers confirm that cannabis is a major economic driver and job-creation engine for the U.S. economy," Carcer said. We just hope that the Trump administration is listening.